World Bank released ‘Recipe for a Livable Planet: Achieving Net Zero Emissions in the Agrifood System’ report | Current Affairs | Vision IAS
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World Bank released ‘Recipe for a Livable Planet: Achieving Net Zero Emissions in the Agrifood System’ report

Posted 08 May 2024

2 min read

About Report

  • Report provides first comprehensive global roadmap for mitigating the agrifood system’s contributions to climate change. 
    • Agri-food system encompasses the entire journey of food from farm to table (i.e., from cultivation, harvesting, processing, packaging, etc. to preparation, consumption, and disposal).
    • It also encompasses non-food products (for example forestry, animal rearing, use of feedstock, etc.)

Key findings

  • Emissions: Agrifood generates almost a 1/3rd of global greenhouse gas emissions.
  • Top Emitters: 3/4th of agrifood emissions come from developing countries and China, Brazil, and India are the top 3 emitters. 
    • In India, 60% of such emissions come from the farm gate, mainly due to enteric fermentation in the livestock sector
  • Suboptimal climate financing: Despite an overall doubling of climate financing (at $660 billion) over the last decade, project-level financing for agrifood systems stands at only 4.3% (at $28 bn).
    • Annual investments must increase to $260 billion a year to halve agrifood emissions by 2030 and reach Net Zero emissions by 2050.
  • Greatest mitigation potential: It lies in carbon sequestration in agriculture which includes measures to reduce enteric fermentation, increase synthetic fertilizer efficiency, and manage water resources in rice cultivation
  • Tags :
  • Climate change
  • Agrifood System
  • GHG emissions
  • Net Zero emissions
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